Equinor ASA vs HSBC Holdings plc — how do they compare? Equinor ASA trades at $40.98 (market cap $95.91B), while HSBC Holdings plc trades at $103.01 (market cap $353.82B). The key difference: HSBC Holdings plc is far larger — about 3.7× Equinor ASA's market cap, and Equinor ASA pays the higher dividend (3.81%). Which is the better fit depends on your goals.
| EQNR | HSBC | |
|---|---|---|
Market Cap | $95.91B | $353.82B |
Sector | Energy | Technology |
52-Week High | $42.40 | $107.86 |
52-Week Low | $22.41 | $63.84 |
Enterprise Value | $104.60B | — |
Dividend Yield | 3.81% | 3.63% |
Signals from Pluang's Aura AI — not financial advice
Equinor (EQNR) trades at $38.92, down 1.37% over the past day, with a bullish technical signal from moving averages and neutral oscillators. The stock shows strong profitability with a 21.32% ROE and attractive valuation metrics, including a P/E of 10.55 and EV/EBITDA of 2.19. Recent Q2 2026 earnings missed estimates, but revenue grew 40% year-over-year, supported by higher energy prices and production. The company continues shareholder returns via dividends and a share buy-back program.
EQNR presents a mixed outlook: robust cash flow and strategic investments in subsea projects support growth, but declining net income margins and geopolitical energy market volatility pose risks. Analyst consensus is cautious with 30.43% buy ratings, reflecting fair valuation concerns after recent gains. The stock offers value through dividends and buybacks, yet investors face exposure to oil price swings and execution risks in capital projects.
HSBC trades at $103.73, up 1.14% today, with a bullish technical signal from moving averages and support at $102. The stock shows strong fundamentals with a P/E of 14.76, net income margin of 34.54%, and ROE of 12.44%. Recent Q2 2026 earnings beat expectations, driven by 7% revenue growth and a $1 billion buyback announcement, reflecting robust banking and wealth management performance.
Outlook is positive due to earnings momentum and shareholder returns, but risks include China regulatory changes and a recent Citi downgrade. Analyst consensus is mixed with 38.1% buy ratings, suggesting cautious optimism amid a 40% year-to-date run, requiring monitoring of Asia exposure and interest rate trends.
Trailing returns across standard periods
Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.1 million barrels of oil equivalent per day in 2021 (52% oil) and ended the year with 5.4 billion barrels of proven reserves (49% oil). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.
Read more on EQNR →HSBC is one of the world's largest banking and financial services organizations. It serves customers worldwide through four global businesses: Retail, Commercial, Global Banking, and Private Banking.
Read more on HSBC →